Midland States Bancorp, Inc.

MSBI · NASDAQ
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12/31/2024
12/31/2023
12/31/2022
12/31/2021
Revenue$546,051$508,497$436,509$313,234
% Growth7.4%16.5%39.4%
Cost of Goods Sold$310,114$250,839$132,784$33,535
Gross Profit$235,937$257,658$303,725$279,699
% Margin43.2%50.7%69.6%89.3%
R&D Expenses$0$0$0$0
G&A Expenses$98,917$98,217$93,641$90,229
SG&A Expenses$102,843$101,375$96,959$93,468
Sales & Mktg Exp.$3,926$3,158$3,318$3,239
Other Operating Expenses$86,194$68,321$75,380$87,119
Operating Expenses$189,037$169,696$172,339$180,587
Operating Income$46,900$87,962$131,386$99,112
% Margin8.6%17.3%30.1%31.6%
Other Income/Exp. Net$0$0$0$0
Pre-Tax Income$46,900$87,962$131,386$99,112
Tax Expense$8,856$26,807$31,149$17,795
Net Income$38,044$61,155$100,237$81,317
% Margin7%12%23%26%
EPS1.322.334.243.58
% Growth-43.3%-45%18.4%
EPS Diluted1.322.334.233.57
Weighted Avg Shares Out21,67622,11622,34122,481
Weighted Avg Shares Out Dil21,73822,12422,39622,547
Supplemental Information
Interest Income$411,739$417,100$312,715$237,817
Interest Expense$189,782$168,279$56,020$30,142
Depreciation & Amortization$0$12,721$14,377$16,345
EBITDA$46,900$100,683$145,763$115,457
% Margin8.6%19.8%33.4%36.9%